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PPP Loan Data — Hudson Hills Senior Living LLC, North Bergen, NJ

SBA PPP loan data, payroll data, and salaries for Hudson Hills Senior Living LLC
NJ

Hudson Hills Senior Living LLC

Entity: Limited Liability Company (LLC)

Industry: Nursing Care Facilities (Skilled Nursing Facilities)

Location: North Bergen, NJ

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Hudson Hills Senior Living LLC is a limited liability company (LLC) located at 3505 Bergen Tpke in North Bergen, New Jersey that received a Coronavirus-related PPP loan from the SBA of $1,177,400.00 in April, 2020.

The company has reported itself as a female owned business, and employed at least 179 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$1.18M

Jobs Retained:

179

Loan Approved:

2020-04-16

Lender:

FIRST BANK

Hudson Hills Senior Living LLC received a Paycheck Protection Loan of $1.18M through FIRST BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Hudson Hills Senior Living LLC's total 2019 payroll expenses were approximately $5.65M in order to qualify for the PPP loan amount received.

Based on their reported 179 jobs retained, this equals an estimated average yearly compensation of $31,573 per employee1.

Business Information - Hudson Hills Senior Living LLC in North Bergen, NJ

Hudson Hills Senior Living LLC
3505 Bergen Tpke
North Bergen, NJ 7047

Business Industry

Nursing Care Facilities (Skilled Nursing Facilities) (NAICS code 623110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: FEMALE OWNED

Veteran Status: NON-VETERAN

Congressional District: NJ-08

Similar Companies near North Bergen

In the North Bergen area, 3 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a PPP loan. These local businesses reported an average of 66 employees (compared to this company's 179) and received an average PPP loan of $1,277,061 (compared to this company's $1.18M).

Industry PPP Comparison Statistics

Nationwide, 9,872 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a total of $5,508,018,433.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 66 employees, 63% lower than Hudson Hills Senior Living LLC's reported 179 employees, and received an average PPP loan of $557,944, 53% lower than this company's loan of $1.18M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

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Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/hudson-hills-senior-living-llc-north-bergen-nj